Which of the following are associated with a restrictive short-term financial policy?
I.large investments in marketable securities.
II.liberal credit terms for customers.
III.minimal cash balances.
IV.minimal credit sales.
A) I and III only.
B) II and IV only.
C) II and IV only
D) III and IV only.
E) I,II and III only.
Correct Answer:
Verified
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